EURJPY; the EUR was one of the top gainers in the forex market after the surge of the USD. This pair has been my top watch since December, it has great potential because it has been respecting both the resistance and support of the channel.
My point of entry will be 133.00, this is an excellent place of placing an order, stop loss should be tight at least 50-70pips from entry while first TP would be 140pips away and the second should be roughly 460pips profit.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.